£144,171
This estimated value is based upon the latest sale price for the house of £140,000 on 28 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £140,000 | 28 Apr 2022 |
| £30,000 | 7 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £140,000 results in an estimated price of approximately £144,171.
| 28 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £140,000 | £4,171 | £144,171 |
The Postcode Pricing Model uses changes in average sales price within the WN5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 62.182 % | £87,054 | £227,054 |
| 3 Month Average | 28.674 % | £40,143 | £180,143 |
| 6 Month Average | 13.134 % | £18,387 | £158,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £164,439 | £163,000 | 3 RYDAL WALK |
| 7 Aug 2023 | £139,218 | £138,000 | 5 CALDER PLACE |
| 21 Jul 2023 | £126,705 | £125,000 | 104 FALKIRK GROVE |
| 7 Jun 2023 | £174,615 | £172,500 | 5 HELVELLYN ROAD |
| 2 Jun 2023 | £111,349 | £110,000 | 38 COMET ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 4 Sep 2014. Using an estimated price of £144,172 means this house is valued at £1,716 per sq meter (£159 per sq foot).
The average size of a house on MONTROSE AVENUE is 90 sq meters (977 sq feet).